MAKE SENSE OF YOUR SALARY
Salary & tax calculators.
Explore your scenarios.
In-hand salary, income tax, HRA, gratuity, EPF and PPF. Understand the assumptions behind your next career decision.
₹15.00 L per year
Monthly In-Hand Salary
₹1,02,599
After PF, Tax & Professional Tax
Monthly Breakdown
Annual CTC Split
Historical model comparison: New Regime
Modeled annual difference: ₹54,573 under HISTORICAL FY2024-25 assumptions, not guaranteed current-year savings.
Monthly Salary Breakdown
In-Hand Salary Calculator India
Explore a simplified CTC breakup using modeled PF, gratuity, a static city table and historical tax rules. It does not include every payroll component or verify professional tax for every city; compare with your employer's breakup.
Old vs New Tax Regime
HISTORICAL FY2024-25 model: ₹75,000 new-regime standard deduction and a rebate at taxable income up to ₹7L, not a nil-tax slab of ₹7L. This tool does not implement FY2025-26 or later rules or guarantee savings.
HRA Exemption Calculator
Calculate HRA exemption under the Old Tax Regime. Metro cities (Mumbai, Delhi, Kolkata, Chennai) get 50% of basic; other cities get 40%. Three-condition minimum applies.
Gratuity Calculator India
Gratuity = (Basic+DA × 15 × Years) ÷ 26. Applicable after 5 continuous years of service. Maximum statutory gratuity: ₹20 Lakh (fully tax-exempt).
EPF Calculator
Historical model default: 8.25% annual interest. The simplified contribution split may differ from your EPFO passbook. Verify the declared rate, wage ceiling and membership rules for your circumstances.
PPF Assumed-Rate Calculator
Historical modeled default: 7.1% p.a., held constant for the projection. Actual rates and deposit timing can change the balance. Verify account rules; eligible 80C contribution deductions apply under the old regime, within shared limits.
A LITTLE MORE CLARITY
Frequently asked questions
How is in-hand salary calculated from CTC?
The model removes assumed employer PF and gratuity provisions, then employee PF, professional tax and historical modeled income tax to estimate monthly cash pay. Actual payroll may include different contributions, bonuses, reimbursements or deductions; verify your employer's breakup.
Which tax regime is better — old or new?
There is no universal deduction break-even. This calculator compares a HISTORICAL FY2024-25 model, not FY2025-26 or later rules. The displayed annual difference is illustrative; use the correct financial year and eligible deductions for a filing decision.
Are the professional tax amounts current?
The salary calculator uses a static city table, including ₹2,400/year for Bangalore and Mumbai. These are model assumptions, not verified current state rates. Salary bands and deduction schedules can differ; check official state guidance and your payslip.
Is gratuity taxable in India?
Gratuity up to ₹20 Lakh is fully tax-exempt for private sector employees under Section 10(10)(ii) of the Income Tax Act. Amount above ₹20 Lakh is taxable as salary income.
Is the default EPF interest rate current?
The 8.25% default is a historical model assumption associated with FY2023-24, not a verified current rate. Check the declared rate for your year with EPFO and update the input. The projection assumes a constant rate, not a guaranteed return.
How much can I invest in PPF per year?
The model uses annual deposits between ₹500 and ₹1,50,000 and a historical 7.1% rate default. Verify current scheme limits and quarterly rates before depositing. Eligible 80C deductions depend on your regime and shared limit; this model does not calculate tax.
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Tax and salary calculations retain a simplified HISTORICAL FY2024-25 model; EPF and PPF retain historical rate assumptions. These are not verified current-year liabilities, payroll quotes or guaranteed returns. Consult a qualified professional before relying on a result. ResumeWorlds does not provide tax filing services.